51 Ledge Rd

Newport, RI 02840

$2,002,500
Last Sold Price
46,174 / 1.06
Lot Size / Acres
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Closed 11/13/17
Closed 11/13/17

Description

Located on a peninsula at the corner of Bellevue Avenue and Ocean Drive, Ledge Road is one most southern points in Newport. With extraordinary ocean views to the south, south east and south west this 1.11 acre parcel offers direct access to the Cliff Walk and both sunset and sunrise views. Only a short walk to Baileys Beach the land is sited among some of the most prestigious homes in Newport and offers a building envelope large enough to construct a significant home. This exceptional property can...Located on a peninsula at the corner of Bellevue Avenue and Ocean Drive, Ledge Road is one most southern points in Newport. With extraordinary ocean views to the south, south east and south west this 1.11 acre parcel offers direct access to the Cliff Walk and both sunset and sunrise views. Only a short walk to Baileys Beach the land is sited among some of the most prestigious homes in Newport and offers a building envelope large enough to construct a significant home. This exceptional property can also be sold together with 55 Ledge Road to create the family compound you have been searching for. Opportunities to acquire a legacy property with direct access to the Cliff Walk, expansive sunrise and sunset ocean views and a walk to a sandy public and private beach do not to come to market often.

Listing Agent

  1. Eric Kirton

    Eric Kirton

    Listing Agent

    Mott & Chace Sotheby's Intl.

    P: (401)-743-2744

    CallText

Property Details for 51 Ledge Road

Waterfront Features
Beach Access, Water Access, Walk To Water
View
Saltwater, Water
LISTING CLOSED: 11/13/2017 12:00 AM

Property Details for 51 Ledge Road

StatusClosed
MLS #1164429
Days on Market149
Taxes$25,920 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size1.06 AC
CountyNewport County
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Location

Listing Courtesy of Mott & Chace Sotheby's Intl.

Sold By Gustave White Sotheby's Realty

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Building Information for 51 Ledge Road

Lot Size1.06 AC

Payment Calculator

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$12,338 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,178

Property Taxes

$2,160

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 51 Ledge Road

Summary
Location and General Information
  • City: Newport
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 4257
  • State Or Province: RI
  • Topography: Level,Rough
  • View Y N: Yes
  • Zoning Description: Residential
  • Human Modified Y N: No
Taxes and HOA Information
  • Tax Annual Amount: $25,920.00
  • Tax Assessed Value: 2371500
  • Tax Lot: 51
  • Tax Year: 2016
Property
Lot Information
  • Frontage Length: 200
  • Lot Features: Level
  • Lot Size Acres: 1.06
  • Lot Size Area: 46174.0
  • Lot Size Square Feet: 46174.0
  • Lot Size Units: Square Feet
  • Parcel Number: 51Ledge RDNEWP
  • Stories Total: 0
Property and Assessments
  • Buyer Financing: Cash
  • Development Status: Finished Lots
  • Property Type: Land
  • C L I P: 5,967,471,755
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 2.0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 51 Ledge Road

DateEvent & SourcePriceAppreciation
Nov 13, 2017

Sold

Rhode Island Association of REALTORS® #1164429

$2,002,500—
Nov 9, 2017

Contract Signed

Rhode Island Association of REALTORS® #1164429

—
Jun 13, 2017

Listed (Active)

Rhode Island Association of REALTORS® #1164429

$3,295,000—
DateEvent & SourcePrice
11/13/2017

Sold

Rhode Island Association of REALTORS® #1164429

$2,002,500
11/09/2017

Contract Signed

Rhode Island Association of REALTORS® #1164429

—
06/13/2017

Listed (Active)

Rhode Island Association of REALTORS® #1164429

$3,295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 51 Ledge Road

Taxable ValueLand$255,200Additions-Total$255,200
Tax Record2025$2,217 ($185 / month)
Home Facts
Beds0Lot Size69,696 SqFtStyleResidentialZoningR60CountyNEWPORTAPNNEWP M:038 B:0051

Schools near 51 Ledge Road

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Frank E. Thompson Middle School
Public - 5 to 8
Rogers High School
Public - 9 to 12
Newport Area Career Tech Center
Public - 9 to 12
Pell Elementary School
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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61 Ledge Road, Newport, RI 02840
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mott & Chace Sotheby's Intl.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.